5 The following condensed information is reported by Sporting Collectibles. 10 points Skipped eBook Income Statement Information Sales revenue Cost of goods sold Net income Balance Sheet Information Current assets Long-term assets Total assets Current liabilities Long-term liabilities Common stock Hint 2021 2020 $14,364,000 $9,300,000 9,264,780 6,800,000 412,020 338,000 $ 1,690,000 2,290,000 $ 3,980,000 $ 1,290,000 1,410,000 890,000 390,000 $1,590,000 1,990,000 $3,580,000 $ 990,000 1,410,000 890,000 290,000 $3,580,000 Retained earnings Total liabilities and stockholders' equity $ 3,980,000 Ask Required: 1. Calculate the following profitability ratios for 2021: (Round your answers to 1 decimal place.) Print Profitability Ratios a. Gross profit ratio % b. Return on assets % References c. Profit margin % d. Asset turnover times e. Return on equity % 2. Determine the amount of dividends paid to shareholders in 2021. The amount of dividends paid